charitable trust
1
5.1
- noun
- /ˈtʃɛrɪtəbl trʌst/
- Specialized
:
fideicomiso benéfico
- Her family set up a charitable trust that provides scholarships for local students pursuing higher education.
But I had set up a charitable trust and had put stock into it.
- But I had set up a charitable trust and had put stock into it.
Examples
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In her will, the childless princess devised her estate in charitable trust to erect and maintain two schools, "one for boys and one for girls, to be known as and called the Kamehameha Schools."
Academic text (2007) -
In addition to running her shop, she was the sole trustee of the Abberwick Foundation, a charitable trust established by her father, the late Jasper Abberwick.
Fiction book (1997) -
But I had set up a charitable trust and had put stock into it.
-
Or, more specifically, a charitable trust that you yourself endow.
-
One of the authors, Gareth Morgan, supports this work through a charitable trust.
Blog text (9) -
The report also didn't count the work of non-profit organizations and charitable trusts.
Blog text (1) -
Today he manages a five-billion- dollar charitable trust that's saved thousands of lives.
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Starting with $10,000 just three years ago, the philanthropy class at Kentucky Country Day School has built a charitable trust of more than $53,000 and dispersed $11,600 in grants to local community organizations.
Academic text (2005) -
After years of hard work, they established a charitable trust to support underprivileged children.
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The university created a charitable trust to fund research in renewable energy.
Synonyms
11
4.9
A legal plan that holds money and property to help many people, for example a school or museum
How Broad
2
3.9
- Formal
11
4.9
- Specialized
1
5.1
- Specialized
275
6.8
Surface Forms
Morphology
The meaning is directly compositional: 'charitable' specifies the purpose (for charity) and 'trust' denotes a legal arrangement holding assets, so a learner who knows both words can infer a trust established for charitable purposes. This noun–modifier pattern is common cross-linguistically and follows normal English noun phrase composition, making the sense accessible to a B1 learner.
Etymology
The compound charitable trust comes from the idea of a trust as someone who keeps money or property safe for others and charitable meaning to help the public. So, a charitable trust is an arrangement where money or property is kept and managed for 'public benefit' instead of private gain.